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4 steps that took a Texas mom of 5 from living below the poverty line to building a $1 million business
Arnita Johnson-Hall is the founder of two credit-repair businesses in Dallas, Luxurious Credit and AMB Credit Consultants.
Arnita Johnson-Hall is a millennial credit expert living in Dallas with her husband, Corree, and their five kids. She’s a seven-figure earner, according to records viewed by Insider, but less than 10 years ago, she was a single mom receiving government assistance from the Section 8 housing program.
“I ended up on Section 8 because I had a low income and was having a hard time paying my bills. I was employed, but I was living below the poverty line, which qualified me for government assistance,” Johnson-Hall said.
When she graduated high school, Johnson-Hall had a 700 credit score because her mother had added her to her credit cards as an authorized user when she was younger. However, due to a lack of understanding of how credit works, Johnson-Hall’s score quickly dropped by several hundred points — but she didn’t know it until she was rejected from a job after the company checked her credit. That’s when she decided to invest in her credit education, which became her ticket out of poverty.
